Why is Nirman Agri falling/rising?

As of 25-Jul, Nirman Agri Genetics Ltd is experiencing a decline in its stock price, currently at 172.20, which reflects a decrease of 9.05 or 4.99%. Today's price summary indicates that the stock has underperformed its sector by 5.21%. While the stock has shown a positive return of 12.55% over the past week, it has faced significant declines over the longer term, with a 13.25% drop in the last month and a staggering 56.17% decrease year-to-date. Despite these declines, the company has demonstrated strong financial performance, with a high return on equity (ROE) of 25.43% and impressive growth in net sales and operating profit. The company has consistently reported positive results over the last four quarters, which may provide some support for the stock despite its current price movement.
In the broader market context, the Sensex has shown a slight decline of 0.53% over the past week and a 1.62% drop in the last month, indicating that the market sentiment is not particularly strong. However, Nirman Agri's year-to-date performance of -56.17% starkly contrasts with the Sensex's positive return of 5.04%, highlighting the stock's underperformance relative to the broader market. The liquidity of the stock appears adequate, with a delivery volume increase of 10.48% against the five-day average, suggesting some investor interest. Nevertheless, the overall negative returns and the stock's underperformance compared to the benchmark may contribute to the current downward pressure on its price.